NLC India (BOM:513683) Cash-to-Debt : 0.10 (As of Mar. 2024)

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What is NLC India Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NLC India's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.10.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, NLC India couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for NLC India's Cash-to-Debt or its related term are showing as below:

BOM:513683' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.5
Current: 0.1

During the past 13 years, NLC India's highest Cash to Debt Ratio was 0.50. The lowest was 0.00. And the median was 0.01.

BOM:513683's Cash-to-Debt is ranked worse than
69.14% of 499 companies
in the Utilities - Regulated industry
Industry Median: 0.24 vs BOM:513683: 0.10

NLC India Cash-to-Debt Historical Data

The historical data trend for NLC India's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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NLC India Cash-to-Debt Chart

NLC India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.01

0.10

NLC India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	-	0.10	N/A	0.10

Competitive Comparison of NLC India's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, NLC India's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NLC India's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NLC India's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NLC India's Cash-to-Debt falls into.

NLC India Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

NLC India's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	22301.7	/	(31560.5	+	192594.4)
	=	0.10

NLC India's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	22301.7	/	(31560.5	+	192594.4)
	=	0.10

NLC India (BOM:513683) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

NLC India Cash-to-Debt Related Terms

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NLC India (BOM:513683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NLC India Ltd (BOM:513683) » Definitions » Cash-to-Debt

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NLCINDIA:India

Address

Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801

Website

https://www.nlcindia.in

NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

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